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GBPUSD (1.3133) • President Trump seems to have taken a leaf out of the Miley Cyrus book of diplomacy and came into the UK like a wrecking ball. A wide-ranging interview with The Sun tabloid newspaper,

EURUSD (1.1706) • German industrial production rose 2.6% M/M in May, way ahead of the +0.3% rise expected. The positive run of Eurozone data in the past few weeks should bolster expectations that the economy is poised to rebound after a lull in Q1,

Gold moved modestly lower overnight on Friday, opening the day at 1255.00/1256.00. After the open, the metal rose to a high of 1258.75/1259.75 as the dollar index dropped to a 3-week low and U.S. 10-year Treasury yields fell to a 5-week low. Shortly there